Economics and politics - comment and analysis

The Reward for Wage-Cuts is Disaster

There is no return to pre-crisis normality. The new lessons must be learned quickly, otherwise an economic catastrophe is imminent. The course must now be set correctly, especially with regard to debts and wages.
Cross-posted from Makroskop and Brave New Europe
Translated by BRAVE NEW EUROPE
Everyone wants to return to normality – economically as well. …

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